The Importance of Scuba Diving and Travel Insurance

There are plenty of insurance companies providing scuba diving and travel insurance and most are designed specifically for divers providing very wide coverage at extremely competitive prices and giving the policy holder top notch value for their money. There are also different types of policies including Annual multi-trip and single trip policies.

The Annual multi-trip policy provides excellent protection throughout the year and at anytime that one goes on a vacation. This scuba diving and travel insurance will cover the policyholder for diving as well as for certain other sporting activities. For those who are recreational divers, the single trip policy helps them to take out an insurance policy for the odd single or double diving trip.

More Features

The salient features of these scuba diving and travel insurance policies cover cancellation and curtailment, personal accident, medical expenses, hospital benefits, baggage, personal effects, diving and winter sports equipment, money up to approximately US$1000, loss of passport, legal expenses, travel delay, missed departure, personal liability, dive pack, hire of dive equipment, and hi-jack.

It may also be noted that the prospective diver who wishes to have scuba diving and travel insurance is legally bound to disclose all material facts and failure in this respect will affect their rights under the insurance.

The meaning of material fact may be defined as being all facts that would influence the agent in the approval or appraisal of the insurance and that may include the state of the prospective policyholder’s health or those of close relatives.

When the person takes out a scuba diving and travel insurance policy the insurance company will give them an insurance certificate that is also known as a policy wording and it will contain all the details of the cover provided as well as spell out all the conditions and exclusions that apply to it.

It may even further be noted that making fraudulent claims would make the person liable for criminal prosecution. Property claims are settled on the basis of indemnity and not on new for old or even replacement basis unless specified in the policy. In a majority of the sections of the policy there will be set certain limits on the amount that the policyholder will be reimbursed by the insurer and these may also include inner limits such as for one item or for the total value of valuables.

The policy may also entail that the policyholder takes reasonable care to protect the self as well as their property.